×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Why inflation is a big deal

Working men creating global business growth

There is a strong feeling among shoppers in Nairobi that the Sh1,000 note is worth Sh100 some ten years ago.

This sounds like just one of those crazy whining about the high cost of living. But there is some truth in it. Yes, the Sh1,000 in 2012 is worth Sh1,679 today!

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in